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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (101955)12/5/2000 10:26:09 AM
From: TripleT  Read Replies (1) of 769670
 
We may not be on the verge of a recession, but all is not well in the land. Open your eyes and read just a bit. One report on the bond market read like the bond market could become a disaster area. One financial advisor stated that the stocks will follow the bond market since bond experts tend to be early.

Defaults are on the rise and the bond holders are not getting as high percentage back (down to about 30% average). And on many bankrupt .coms they get no return on their investment.

Expect a rough spring in the stock markets, since there will be no bubble stock sector to lift the NASDAQ. The start of a recession, perhaps, but I truly hope not because its easier to make money in a bull market.
TTT
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